Vic Fedeli predicts exciting year ahead for Northern Ontario on the critical minerals development front
There’s a window of opportunity for Ontario to be part of the electrical vehicle revolution, said Vic Fedeli, the province’s economic development minister, and Ontario needs to move fast to secure its global position.
In his travels as Ontario’s lead salesman, Fedeli said many multi-national executives widely regard this province as a “sea of calm” in being a stable and safe jurisdiction and a reliable business partner in a very turbulent world. He called critical minerals like nickel, copper, lithium and graphite the new currency in a global “arms race” as international demand for these metals increases and only stands to surge in the years ahead.
Fedeli said he came away impressed from his tour, earlier in the day, of Cambrian College’s Centre for Smart Mining and its applied research capabilities in the area of industrial electric vehicles for the mining industry. The latter is an indirect difference to Frontier Lithium of Sudbury and its PAK lithium project near the Manitoba border.
“Everybody wants to get this going. I think we’ll hear great things about the Ring of Fire and I really believe communities like Sudbury are going to shine.”
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